CPS Proposes Budget With $269 Million From Unnamed ‘Local Sources’
Chicago Public Schools released a $5.75 billion budget Friday that relies on $269 million in money from unnamed “local sources.”
City and school district officials refused to provide details on the local source, saying there are many options for where the money can come from.
CPS CEO Forrest Claypool acknowledged that the budget is full of uncertainty and called it more of a framework than a spending plan. Claypool noted the school district was compelled by state law to release a plan.